Strategic Investment Management LLC Takes Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Strategic Investment Management LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, HoldingsChannel reports. The firm bought 3,890 shares of the company’s stock, valued at approximately $186,000. Vanguard FTSE Developed Markets ETF comprises about 0.1% of Strategic Investment Management LLC’s investment portfolio, making the stock its 20th largest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Silver Lake Advisory LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth about $7,496,000. Ironwood Wealth Management LLC. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 6.4% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 74,598 shares of the company’s stock valued at $3,687,000 after acquiring an additional 4,474 shares during the last quarter. 1832 Asset Management L.P. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 64.9% in the second quarter. 1832 Asset Management L.P. now owns 14,474 shares of the company’s stock valued at $715,000 after purchasing an additional 5,696 shares in the last quarter. Insigneo Advisory Services LLC increased its position in Vanguard FTSE Developed Markets ETF by 5.2% in the second quarter. Insigneo Advisory Services LLC now owns 11,899 shares of the company’s stock worth $566,000 after purchasing an additional 589 shares during the last quarter. Finally, AQR Capital Management LLC raised its stake in Vanguard FTSE Developed Markets ETF by 31.4% during the second quarter. AQR Capital Management LLC now owns 68,082 shares of the company’s stock valued at $3,365,000 after purchasing an additional 16,277 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.6 %

Shares of NYSEARCA:VEA opened at $50.02 on Friday. The firm has a fifty day simple moving average of $49.03 and a two-hundred day simple moving average of $50.28. Vanguard FTSE Developed Markets ETF has a 52 week low of $46.72 and a 52 week high of $53.40. The stock has a market capitalization of $131.05 billion, a P/E ratio of 13.32 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF Profile

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap weighted index of large-, mid- and small-cap stocks from developed markets outside the US. VEA was launched on Jul 20, 2007 and is managed by Vanguard.